The Influence of Capital Structure, Dividend Policy and Inflation on Company Value with Profitability as an Intravenant Variable in Banking Companies Listed on the Indonesian Stock Exchange in 2019-2023

Main Article Content

Maulina Febrianti
Susanti Widhiastuti

Abstract

This study aims to analyze the factors that have influenced capital structure, dividend policy, and inflation on company value with profitability, both simultaneously and partially, with the factors that will be tested in this study being capital structure, dividend policy, and inflation. The type of data to be used is secondary data that will be sourced from financial reports that have been published through the Indonesia Stock Exchange website. The population that will be used in this research is all banking companies that have been registered on the Indonesia Stock Exchange (IDX) during the 2019–2023 period, with the number of companies totaling 35 companies, and the sampling method that will be used is purposive sampling. The data collection method that will be used is documentation, with data collection techniques through articles, journals, and published financial reports. The results of this study show the following: 1) Capital structure has an influence on profitability, 2) Dividend policy has an influence on profitability, 3) Inflation has no influence on profitability, 4) Capital structure has no influence on company value, 5) Dividend policy has an influence on company value, 6) Inflation has no influence on company value, 7) Profitability has an influence on company value, 8) There is no influence of capital structure on company value through profitability, 9) There is no influence of capital structure on company value through profitability, and 10) There is no influence of inflation on company value through profitability.

Downloads

Download data is not yet available.

Article Details

Section

Articles

References

Hamidy , RR , Wiksuana , I. gb, & artini , lgs (2015). influence capital structure against mark company with profitability as intervening variables in the company property and real estate on the stock exchange indonesia . e- journal Udayana University Economics and Business , 4 (10), 665-682.

wati , pm, arjuniadi , a., & yanti , em (2023). analysis size companies and leverage against mark company with profitability as intervening variables on

company finance energy sector a121 coal production located in bei period 2017-2022. akbis : research media accounting and business , 7 (1), 9-16.

andriansyah , a., sriningsih , fh, & sudiarto , e. (2023). analysis influence ratio activity , financial leverage to mark company with profitability as intervening variable . inspiration : journal sciences social , 20 (1), 767-777.

Pratami , Y., & Jamil , PC (2021). The influence of sustainability reporting, profitability , capital structure and incentives manager to mark company . journal of economics, business and accounting (costing) , 4 (2), 434-444.

Rahmiyati , N., Tries, Es, & Diyah , Sh (2022). Influence liquidity , leverage, asset turnover against price share through profitability as intervening variable . journal research accounting and management , 11 (2), 23.

Wijaya , Ra (2018). Influence trust and satisfaction on customer retention of PT. Asuransi customers get up askrida in the city padang . jusie ( journal social and science economy ) , 3 (01), 81-89.

yudha , amy, putra , rb, & fitri , h. (2022). analysis influence liquidity , growth company , size company to mark company with profitability

as intervening variable . journal of innovation research and knowledge , 1 (12), 1567-1576.

maulida , mr (2019). influence capital structure against mark company with profitability as intervening variable : study on companies property , real estate and construction 2015-2017 period (doctoral dissertation, development university national veteran jakarta ).

telaumbanua , h., simanjuntak , va, marbun , m., sembiring , eab, & aruan , da (2021). influence capital structure , working capital turnover , policy dividend to mark company with profitability as variable moderating in the company registered infrastructure on the stock exchange effect Indonesia period 2015-2018. krisna : collection research accounting , 12 (2), 266-277.

Amelia, F., & Anhar , M. (2019). Influence capital structure and growth company to mark company with profitability as intervening variable . journal steemit economics , 28 (01), 44-70.

tanjung , nms, suyanto , s., & virdayanti , j. (2022). analysis capital structure , policy dividends , decisions investment , and inflation with profitability as intervening variables on mark company ( study empirical in the company plantations registered with the IDX 2016–2021 ). j-mas ( journal management and science ) , 7 (2), 1123-1132.

kohar , a., & akramunnas , a. influence capital structure and policy dividend to mark company . assets: journal economics , management and accounting , 7 (1), 1-16.

rai prastuti , nk, & merta Sudiartha , I. G. (2016). Influence capital structure , policy dividends , and size company to mark company to company manufacturing (doctoral dissertation, Udayana University).

anita , a., & yulianto , a. (2016). influence ownership managerial and policy dividend to mark company . management analysis journal , 5 (1).